Saba Capital Income & Opportunities Fund
BRW
102 hedge funds and large institutions have $142M invested in Saba Capital Income & Opportunities Fund in 2025 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 16 reducing their positions, and 14 closing their positions.
163% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 16
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
42% more capital invested
Capital invested by funds: $99.6M → $142M (+$42M)
17.32% more ownership
Funds ownership: 30.16% → 47.48% (+17%)
10% more funds holding
Funds holding: 93 → 102 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$21.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.8M |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$5.17M |
| 4 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$5.06M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$18.1M |
| 2 |
AGM
Alpine Global Management
New York
|
-$1.53M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$754K |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$713K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$674K |
BRW Hedge Fund Activity: Q4 2025 in Review
102 of the 8,269 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund (BRW) for Q4 2025, worth a combined $142M — up 42% from $99.6M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BRW positions and 14 closed out — a net gain of 9 holders — while 42 added to existing stakes and 16 trimmed.
The largest buyer was Focus Partners Wealth, opening a new position worth an estimated $21.8M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $18.1M sold.
- 102 institutional investors held Saba Capital Income & Opportunities Fund (BRW) as of Q4 2025, up from 93 in Q3 2025.
- Funds reported $142M of Saba Capital Income & Opportunities Fund stock for Q4 2025, up 42% quarter-over-quarter.
- 23 funds opened new Saba Capital Income & Opportunities Fund positions in Q4 2025 and 14 closed out, a net change of +9 holders.
- The largest Saba Capital Income & Opportunities Fund buyer in Q4 2025 was Focus Partners Wealth, an estimated $21.8M added.
- The largest Saba Capital Income & Opportunities Fund seller in Q4 2025 was Kovitz Investment Group Partners, an estimated $18.1M sold.
Based on aggregated 13F filings for Q4 2025.